Core systems

Credit unions in Alabama and Louisiana announce conversion to first-ever core system designed specifically for CDFIs.

The Virginia-based credit union will also implement a variety of Symitar platforms for business inteligence, analytics and more.

The Bellingham, Wash.-based credit union is the ninth $1 billion-plus CU to switch to Fiserv's DNA platform in the past six months.

Several firms are betting they will be able to help banks create platforms that allow customers to design their banking services.

Banks have resisted the need to switch their core systems, but how long can a financial institution continue to operate on a foundation of dust?

Frank Sanchez, a former FIS executive, is launching a new cloud-based core banking system aimed at large community banks looking to ditch mainframes.

By banding together, banks can negotiate better terms with startups and other tech companies, FIS' chief operating officer says.

The credit union said the conversion is part of its "members first" approach.

All six institutions have assets of $1 billion or more.

All six credit unions will utilize Fiserv’s DNA core platform, extending contracts with the technology provider that go on for more than 20 years.

Credit union will switch May 1, becoming the 20th Share One client in California.

In our recent Community Bank Tech Projects series, we looked at the way a handful of banks chose to invest their precious resources over the last year. Here is a roundup of those projects.

Bank3 started as a $12 million-asset institution with a single branch, no online banking and a core system that was obsolete. Now it's much more.

With a hand from Geezeo, Jack Henry is rolling out a product that will guide consumers in managing their finances and is said to give banks better insights.

Banks that are customers of one or both vendors may look to leverage the situation to get better terms for certain products. But would small clients get enough attention from the global player the merger would create?

The private-equity firm Vista Equity Partners will acquire D+H in a deal valued at $3.57 billion.

A core processing startup gets $16 million and a U.K. challenger bank raises $27.6 million.

OpenFin, a devotee of open source software, has raised $15 million in Series B funding to fuel staff expansion, business development and new products.

The Massachusetts-based CU liked COCC’s cooperative business model.

Chatbots, virtual assistants and the like may mean fewer direct interactions between banks and consumers, fintech leaders say. But branches will become self-service destinations.